Can I retire at age 51 with 19,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $19,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,618,550$1,604,132$1,590,067$1,576,337$1,562,932$1,521,445
2 years$801,262$786,339$771,877$757,855$744,253$702,746
3 years$528,869$513,882$499,455$485,565$472,185$431,956
4 years$392,699$377,757$363,476$349,822$336,766$298,124
5 years$311,018$296,166$282,072$268,697$256,004$219,056
6 years$256,582$241,842$227,956$214,879$202,567$167,349
7 years$217,714$203,099$189,433$176,664$164,742$131,255
8 years$188,577$174,093$160,654$148,199$136,669$104,897
9 years$165,926$151,579$138,371$126,233$115,095$85,010
10 years$147,817$133,610$120,635$108,814$98,067$69,630
11 years$133,009$118,945$106,205$94,701$84,341$57,509
12 years$120,678$106,759$94,254$83,065$73,088$47,813
13 years$110,253$96,479$84,210$73,334$63,734$39,963
14 years$101,324$87,696$75,663$65,098$55,869$33,547
15 years$93,593$80,112$68,314$58,056$49,191$28,261
16 years$86,835$73,501$61,936$51,983$43,475$23,877
17 years$80,879$67,692$56,360$46,706$38,548$20,223
18 years$75,590$62,550$51,449$42,092$34,275$17,163
19 years$70,863$57,971$47,099$38,033$30,550$14,591
20 years$66,614$53,870$43,225$34,446$27,288$12,422
21 years$62,775$50,177$39,759$31,262$24,420$10,589
22 years$59,290$46,839$36,644$28,425$21,889$9,035
23 years$56,112$43,807$33,834$25,887$19,649$7,716
24 years$53,204$41,045$31,291$23,610$17,661$6,594
25 years$50,532$38,518$28,982$21,562$15,892$5,639
26 years$48,070$36,201$26,879$19,715$14,315$4,825
27 years$45,794$34,069$24,960$18,046$12,906$4,131
28 years$43,684$32,103$23,203$16,534$11,645$3,537
29 years$41,724$30,286$21,592$15,162$10,516$3,030
30 years$39,897$28,602$20,113$13,915$9,501$2,597
31 years$38,192$27,038$18,750$12,780$8,590$2,226
32 years$36,596$25,584$17,494$11,745$7,770$1,908
33 years$35,101$24,228$16,335$10,800$7,032$1,636
34 years$33,696$22,963$15,262$9,937$6,367$1,403
35 years$32,375$21,780$14,269$9,148$5,767$1,203
36 years$31,129$20,672$13,348$8,425$5,225$1,032
37 years$29,954$19,634$12,494$7,763$4,736$886
38 years$28,843$18,659$11,700$7,155$4,293$760
39 years$27,792$17,743$10,962$6,597$3,893$652
40 years$26,796$16,881$10,274$6,085$3,531$559
41 years$25,851$16,069$9,634$5,614$3,204$480
42 years$24,954$15,304$9,037$5,181$2,907$412
43 years$24,100$14,581$8,480$4,783$2,638$353
44 years$23,288$13,899$7,960$4,416$2,395$303
45 years$22,513$13,254$7,474$4,078$2,174$260
46 years$21,775$12,644$7,020$3,767$1,974$223
47 years$21,070$12,066$6,595$3,481$1,792$192
48 years$20,397$11,519$6,198$3,216$1,628$165
49 years$19,753$11,000$5,825$2,972$1,478$141
50 years$19,136$10,507$5,477$2,747$1,343$121

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $19,600,000, adding $2,198 every year, while hoping to spend $22,981 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 26/49/25 Blend
50$19,600,000$19,600,000$19,600,000$19,600,000
51$21,601,467$20,562,667$20,258,867$21,992,920
52$23,780,365$21,545,786$20,913,088$23,293,159
53$26,180,741$22,576,308$21,588,454$24,685,156
54$28,825,160$23,656,531$22,285,651$26,178,266
55$31,738,490$24,788,865$23,005,385$27,781,034
56$34,948,135$25,975,838$23,748,384$29,502,800
57$38,484,292$27,220,101$24,515,402$31,353,772
58$42,380,237$28,524,434$25,307,215$33,345,116
59$46,672,641$29,891,751$26,124,626$35,489,044
60$51,401,913$31,325,109$26,968,464$37,798,918
61$56,612,584$32,827,715$27,839,583$40,289,368
62$62,353,725$34,402,930$28,738,867$42,976,408
63$68,679,412$36,054,281$29,667,226$45,877,582
64$75,649,236$37,785,465$30,625,602$49,012,105
65$83,328,864$39,600,358$31,614,966$52,401,039
66$91,790,662$41,503,030$32,636,320$56,067,465
67$101,114,374$43,497,743$33,690,702$60,036,693
68$111,387,878$45,588,970$34,779,178$64,336,477
69$122,708,014$47,781,402$35,902,853$68,997,259
70$135,181,500$50,079,959$37,062,867$74,052,438
71$148,925,934$52,489,799$38,260,395$79,538,666
72$164,070,913$55,016,333$39,496,652$85,496,169
73$180,759,247$57,665,234$40,772,891$91,969,105
74$199,148,315$60,442,454$42,090,407$99,005,960
75$219,411,543$63,354,235$43,450,535$106,659,977
76$241,740,048$66,407,121$44,854,656$114,989,637
77$266,344,440$69,607,976$46,304,194$124,059,179
78$293,456,808$72,964,002$47,800,619$133,939,182
79$323,332,911$76,482,747$49,345,449$144,707,201
80$356,254,598$80,172,132$50,940,252$156,448,465
81$392,532,462$84,040,460$52,586,645$169,256,653
82$432,508,774$88,096,444$54,286,298$183,234,741
83$476,560,717$92,349,218$56,040,937$198,495,942
84$525,103,944$96,808,363$57,852,342$215,164,733
85$578,596,501$101,483,929$59,722,351$233,377,994
86$637,543,157$106,386,453$61,652,862$253,286,259
87$702,500,160$111,526,991$63,645,835$275,055,092
88$774,080,497$116,917,134$65,703,291$298,866,607
89$852,959,676$122,569,042$67,827,320$324,921,141
90$939,882,105$128,495,467$70,020,077$353,439,094
91$1,035,668,119$134,709,784$72,283,788$384,662,957
92$1,141,221,724$141,226,021$74,620,752$418,859,552
93$1,257,539,134$148,058,890$77,033,342$456,322,489
94$1,385,718,173$155,223,822$79,524,006$497,374,882
95$1,526,968,640$162,737,003$82,095,273$542,372,334
96$1,682,623,732$170,615,407$84,749,756$591,706,233
97$1,854,152,629$178,876,838$87,490,149$645,807,377
98$2,043,174,363$187,539,969$90,319,235$705,149,969
99$2,251,473,107$196,624,386$93,239,888$770,256,019
100$2,481,015,013$206,150,631$96,255,073$841,700,194